Trust Under Will of Reuben W Leonard for University of Toronto
Private foundation · Toronto, Ontario · BN 892334640RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($15,490) as filed with the CRA.
Trust Under Will of Reuben W Leonard for University of Toronto is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending November 30, 2024, it reported $13K in revenue and $15K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $11K in 2024, the largest being $11K to The Governing Council of the University of Toronto. Its filed list of directors and trustees shows 1 name.
In its own words
To produce funds to the university of toronto for scholarships as per the terms of the will.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13K | $15K | — | — | $11K | $248K |
| 2023 | $15K | $16K | — | — | $11K | $251K |
| 2022 | $14K | $16K | — | — | $11K | $252K |
| 2021 | $13K | $27K | — | — | $22K | $254K |
| 2020 | $16K | $5,007 | — | — | — | $268K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $11K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Canada Trust (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under Will of Reuben W Leonard for University of Toronto’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892334640RR0001), or read how we compute the receipt.